Playa Hotels & Resorts N.V. | Announced the Sale of Jewel Paradise Cove Beach Resort in Jamaica for $28.5 Million

 

Playa Hotels & Resorts N.V. , leader hospitality company specialized in luxury all - inclusive oceanfront resorts in the Caribbean and Mexico, headquartered in Fairfax – Virginia - U.S. announced that is entered into a binding agreement with a third party to sell the Jewel Paradise Cove Beach Resort situated at Runaway Bay, 1.5 kilometres from the Runaway Bay Golf Course and 73 kilometres from Sangster International Airport in Jamaica for a total consideration of $28.5 million in Cash.

The Jewel Paradise Cove Beach Resort boasts the adults - only stamp, set on a private beach is part of of Jewels Resorts brand, owned, operated and developed by Playa Hotels & Resorts N.V. and its sale is subject to customary closing conditions, and the Company offers no assurances that this sale will be completed, expecting the transaction to close in the first quarter of 2025.

Playa Hotels & Resorts N.V. is operating and managing a total portfolio consisting of 24 resorts in prime beachfront locations in Jamaica, Mexico and the Dominican Republic with 8.627 rooms under the following brands : Hyatt Zilara, Hyatt Ziva, Hilton All – Inclusive, Tapestry Collection by Hilton, Wyndham Alltra, Seadust, Kimpton, Jewel Resorts and The Luxury Collection.

Link - https://investors.playaresorts.com/2024-12-31-Playa-Hotels-Resorts-N-V-Announces-the-Sale-of-Jewel-Paradise-Cove

Hilton | Bringing its Luxury Conrad Brand to Los Cabos, Mexico

 

Hilton Worldwide Holdings Inc., American multinational hospitality company based in Tysons - Virginia, group founded in May 1919 by Conrad Hilton which manages and franchises a broad portfolio of hotels, resorts and timeshare properties is bringing its luxury Conrad brand to Los Cabos, Mexico, famed resort city situated in the southern tip of Baja California, well known for its stunning beaches,  water – based activities, nighlife and luxury hotels and resorts.

Conrad Hotels Hotels & Resorts is a multinational brand of high-end luxury hotels and resorts founded in 1985 owned and operated by Hilton Worlwide, well known for its service, that is refreshingly genuine, as well as a distinctive ability to authentically connect globally-- minded travellers with local cultures, offering upscale rooms and suites in a resort setting.

The Conrad Los Cabos will be the brand's third hotel in Mexico, joining the Conrad Tulum Riviera Maya and the Conrad Punta Mita in Riviera Nayarit, expected to debut in 2027, the accommodation will open as part of Oleada Pacific Living & Golf, a resort complex with a links - style course designed by South African professional golfer and former World No. 1 in the Pro Circuit Ernie Els, well known for his more than 70 career victories and his fluid golf swing.

This beachfront property will feature a terracotta and sand color palette providing 175 rooms including 21 suites with plunge pools and 43 residences ranging from two to four bedrooms, an all - day restaurant, a specialty restaurant, a pool bar and grill, a beach bar and grill and a lobby bar.

Other amenities include a 3.000 - square - foot spa, a fitness centre, 500 square feet of meeting space and club spaces for children and teens.

Link - https://www.travelweekly.com/Travel-News/Hotel-News/Conrad-resort-coming-to-Los-Cabos

Mövenpick Hotels & Resorts | Expansion in Poland with Two New Hotels Imminent Opening

 

Mövenpick Hotels & Resorts, Swiss hospitality hotel management company founded in 1948, headquartered in Baar and fully owned by Accor since the September 2018 following the recent opening in Azerbaijan and Belgium and also planning to debut in Croatia, Greece, Italy and Montenegro later this year has announced the imminent opening of two new hotels in Poland :  the Mövenpick Resort & Spa Karpacz and the Mövenpick Grand Hotel Wroclaw, both hotels set to open later this month.

The hospitality company operating over 120 hotels globally with a special focus on inventive culinary excellence, with its first restaurant opened in Zurich - Switzerland in 1948, and later evolved as a notable, international hotel brand expands its footprint in an important and demanded destination like Poland.

The Mövenpick Resort & Spa Karpacz, renowned spa town and famous ski resort is located in the Karkonosze Mountains, in Jelenia Góra County, Lower Silesian Voivodeship in southwester Poland close to the Czech border, situated amidst lush forests.

The hotel provides 126 rooms, heated outdoor pools, a welness area with a spacious spa, eight treatment rooms, and easy access to a nearby ski station and hiking trails.

The Mövenpick Grand Hotel Wroclaw, located in Poland's third – largest city, the largest centre and historical capital of the region of Silesia on the banks of the Oder River in the southwestern territory of the country, hosted in a historic building situated along Marszalka Józefa Pilsudskiego, relevant urban artery in the city, with easy access to Stare Miasto, the old city and not far from Aquapark Wroclaw.

The hotel features 180 upscale rooms, a restaurant & bar serving contemporary Polish cuisine, a wellness area and versatile spaces for private gatherings and corporate events.

The Chief Development Officer Premium, Midscale & Economy Division, Accor Europe and North Africa, Philippe Bijaoui emphasized that the expansion of Mövenpick Hotels & Resorts reflects the brand's resonance with guests and partners and it aligns with Accor strategy to accelerate its portfolio of premium brands, thereby enhancing guest experience regionally and globally.

Link - https://www.hospitalitynet.org/news/4125280.html